Bahamas Homes For Sale And Property Management Offered at Island Living

NASSAU, BAHAMAS- It is common knowledge that Island Living Real Estate has offered real estate services including listings of Bahamas homes for sale, but the agency also offers management of Bahamas rental property.

The Bahamas real estate agency has offered this valuable service for more than 15 years, said Rachel Pinder, principle broker of Island Living, an agency that specializes in Nassau, Bahamas real estate, as well as other listings throughout the islands.

"We are happy to provide a free price quote for anyone interested in the services," Pinder said, adding that her agency provides free inspections, pool care, yard maintenance, utility bill payments, general and preventative maintenance, repair services and rent collection. Hiring a professional to manage Nassau Bahamas rentals is a wise choice for a variety of reasons, Pinder said.

Knowledge and Experience Property managers have extensive knowledge of real estate law and know how to address the legal details associated with being a landlord, she said.

Successful Rent Collection The goal for people who own Nassau properties for rental purposes is to generate an income. Doing that requires well-defined guidelines and follow-through if rents are paid late. Property management professionals typically serve as a cushion between property owners and tenants.

"It often is preferable to a property owner that they not have to call tenants when the rent is late or endure the process of evicting a tenant if things don't work out," said Pinder, a Bahamas realty expert. "A property manager can handle those potentially unpleasant experiences for you."

Good property managers also tend to have detailed leases in place and clearly defined requirements regarding rent payment, along with consequences for not complying with the lease agreement.

Property Value is Maintained Preventative maintenance goes a long way toward maintaining and increasing a property's value over time. Keeping values high on Nassau Bahamas rentals is achieved through implementing systems that identify and correct maintenance and repair issues immediately, preventing them from becoming bigger, sometimes more expensive problems to repair.

Keeping Properties Rented "One of the most valuable services a property manager can offer owners of rental properties is keeping those rentals occupied with quality tenants," said Pinder, whose agency also lists Bahamas condos for sale. That is accomplished in part by evaluating the properties occasionally and pointing out cosmetic items that can be improved to help the property owner maximize their property's income potential.

Pinder also helps property owners establish a monthly rental rate. Pricing the rent too high can result in long periods of time between tenants, while underpricing it can result in the owner losing money each month on their investment. Another tool at property managers' disposal is marketing outlets and knowledge on how best to market a property.

Handling Multiple Properties Because of their experience, often it is easier for property managers to oversee multiple properties than for the property owner to do so themselves. "The more properties you own, the busier they can keep you," Pinder said. "Management companies are perhaps even more valuable in situations where multiple properties need to be overseen, because they can seek more competitive pricing on routine maintenance costs."

About Island Living Real Estate Island Living Real Estate has more than 25 years of experience in real estate sales and rentals throughout the Bahamas. Island Living's main office is located in one of Nassau's oldest historic buildings on Bay Street, named "Red Roofs." Red Roofs was built in 1896 and has been home to various families, a Gourmet Deli and now Island Living. We don't just help you get the keys to your new home... we give you the keys to your new life. Welcome home!

If you would like more information about Bahamas homes for sale or Bahamas rental property and Abaco Bahamas real estate and the other property management services offered by Island Living, please call 1-242-322-7979/80.

Listing your property exclusively with a licensed Bahamas Real Estate Association agent is the only way to get your property on the Multiple Listing Service, and it increases the chances of selling your property quickly.